The open enrollment deadline to sign up for a health insurance plan compliant with the Affordable Care Act (a.k.a. "Obamacare") through the federal or state marketplaces has passed. More than 7 million American residents have signed up, according to the Obama administration.
Individuals and families who don't have health insurance plans that qualify as minimum essential coverage face a penalty. (Enrollment continues for small businesses.)
However, some people may qualify for an exemption and won't have to pay the fee or still have a chance to get coverage.
Here is a summary of some ways you may qualify for an exemption, via Healthcare.gov:
• Are you uninsured for less than 3 months of the year?
• Does the lowest-priced plan cost more than 8 percent of your household income?
• Do you not file a federal tax return because your income is too low?
• Is your income below 100 percent of the federal poverty level and has your state not expanded Medicaid?
• Are you a member of a federally recognized tribe or eligible for services through an Indian Health Services provider?
• Do you qualify for a hardship exemption? (Homeless, domestic violence victim, filed for bankruptcy, and many more.)
• Are you a member of a recognized health care sharing ministry?
• Are you a member of a recognized religious sect with religious objections to insurance, including Social Security and Medicare?
• Are you incarcerated and not awaiting the disposition of charges against you?
• Are you in the U.S. illegally?
These are just some of the ways to qualify for an exemption. You can CLICK HERE to learn more about all the exemptions and see how you can claim one or more of them.
Although open enrollment is over, CLICK HERE to see if you might qualify to still get coverage depending on certain circumstances.